INTERVIEW: Keidanren to launch new group for digitization
May 30, 2019
Tokyo–The Japan Business Federation (Keidanren), the country’s biggest body of employers, will establish a new group aimed at dealing with the rapid rise of digital technology around the world, the organization’s Director-General Masakazu Kubota said in a recent interview. The
Stock market accounts breach the one million mark
May 30, 2019
The number of stock market accounts broke past the one million mark based on the 2018 Stock Market Investor Profile report of The Philippine Stock Exchange, Inc. (PSE). Total stock market accounts reached 1,089,443, up by 25.4 percent from the
U.S. keeps Japan, China on Forex monitoring list
May 29, 2019
Washington–The U.S. Treasury Department said in a semiannual report Tuesday that it has kept Japan and China, both running major trade surpluses with the United States, on its “Monitoring List” over their foreign exchange policies. With the designation, the U.S.
Stocks up, peso ends slightly lower vs US dollar
May 29, 2019
Philippine stocks gained on Wednesday, with the main share index closing higher. The Philippine Stock Exchange (PSE) index settled at 7,797.75, up 36.46 points. In the broader market, there were 92 gainers and 92 decliners, while 52 shares were unchanged.
Epson appoints new Philippine country manager
May 29, 2019
Epson has appointed a new country manager for the Philippines as it focuses on core technologies this year. Epson announced the appointment of Ando Munenori as the new managing director of Epson Singapore overseeing Southeast Asia region, and concurrently country
Chelsea enters into agreement with Japanese shipbuilder
May 29, 2019
Chelsea Logistics and Infrastructure Holdings Corp. on Wednesday said it entered into a strategic agreement with Kumiai Senpaku Co. Ltd., one of the largest independent shipping companies in Japan to finance construction of the new passenger vessel of its wholly-owned
PSE index up, peso loses ground vs US dollar
May 28, 2019
The key stock index rose but the peso ended lower against the US dollar on Tuesday. The Philippine peso finished at P52,30 against the greenback from P52.22 the previous day. Volume reached $913.8 million from Monday’s $633,81 million, The Philippine
Toyota to Set Up Plant in Myanmar
May 27, 2019
Nagoya- Toyota Motor Corp.will build its first automobile assembly plant in Myanmar, with an investment totaling billions of yen, according to informed sources. Through the plant’s construction, which will begin later this year, the leading Japanese automaker aims to tap
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